That's the conclusion of Karen Petrou at Federal Financial Analytics after President Donald Trump moved to fire Federal Reserve Governor Lisa Cook last evening. That follows unproven allegations of mortgage fraud. Whether or not the move is legal, it raises additional concerns over the independence of America's central bank and the dollar's role as the global reserve currency. And later: What's the relationship between the Fed's benchmark rate and mortgage rates?
Cato Podcast - TikTok: Free Speech or Security Threat?
Cato’s Jennifer Huddleston and Tommy Berry examine the 2024 TikTok divest-or-ban law and what it means for Americans. They explain how the law could reshape the app market, restrict free speech, and expand government power far beyond TikTok itself.
Jennifer Huddleston, “Could the Latest TikTok ‘Ban’ Pass Constitutional Muster?,” Cato at Liberty (blog) (March 12, 2024)
Jennifer Huddleston, “Competition and Content Moderation: How Section 230 Enables Increased Tech Marketplace Entry,” Policy Analysis no. 922 (January 31, 2022)
Jennifer Huddleston and Tommy Berry, “TikTok Users Await Looming US Ban; SCOTUS May Intervene,” Cato Daily Podcast (January 16, 2025)
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CBS News Roundup - 08/26/2025 | World News Roundup
President Trump follows through on his threat to fire a member of the Federal Reserve. The president clashes with Illinois's governor over the Trump threat to deploy National Guard troops in Chicago. And campus shooting hoaxes are on the rise. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
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Marketplace All-in-One - Postal services around the world hit pause on shipments to the U.S.
From the BBC World Service: Japan and Australia are among the latest countries suspending some postal deliveries to the United States. And it's all down to confusion over tariffs. President Donald Trump signed an executive order last month ending the global import tax exemption on small packages worth under $800 entering the U.S. duty-free, a change due to take effect on Friday. Also, Boeing and Korean Air have announced a deal worth $36 billion for over 100 planes.
Reset with Sasha-Ann Simons - What’s That Building? The Charnley-Persky House
The historic Charnley-Persky House in the Gold Coast is a rare two-fer co-designed by a pair of architecture giants: Frank Lloyd Wright and Louis Sullivan. The building at 1365 N. Astor St., which is often called the first modernist house in the world, was designed in 1891 when Sullivan was 35 years old and his employee Wright was 24. In this episode of What’s That Building?, Sasha Ann Simpons and Dennis Rodkin tour the Charnley-Persky House for a closer look at this unique property.
For a full archive of Reset interviews, head over to wbez.org/reset.
WSJ Minute Briefing - Trump Says He’s Removing Fed Governor Lisa Cook
Plus: a senior Chinese trade negotiator heads to Washington as talks resume despite simmering tensions. And, President Trump threatens higher tariffs and export curbs on countries that tax or regulate U.S. tech firms. Azhar Sukri hosts.
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Up First from NPR - Fed Governor Fired, Trump Expands National Guard, Abrego Garcia Back in Custody
President Trump has moved to fire a member of the Board of Governors of the Federal Reserve. The President has also taken action to eliminate cashless bail and expand the role of the National Guard as part of his crackdown on crime in Washington, DC. And, Kilmar Abrego Garcia has been taken into custody and faces deportation to Uganda.
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Today’s episode of Up First was edited by Padma Rama, Rafael Nam, Eric Westervelt, Lisa Thomson and HJ Mai.
It was produced by Ziad Buchh, Nia Dumas and Mansee Khurana.
We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange.
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WSJ What’s News - Trump Pushes the Fed Into Uncharted Territory
A.M. Edition for Aug 26. President Trump says he’s removing Federal Reserve governor Lisa Cook, escalating his campaign against the central bank. The WSJ’s Alex Frangos helps us make sense of whether he actually has the authority to fire Cook, and what this means for the Fed’s independence. Plus, U.S.-China trade talks are set to resume this week. And WSJ correspondent Yaroslav Trofimov reports that Russia faces a fuel crunch, as Ukraine steps up its drone attacks on the country’s refineries. Azhar Sukri hosts.
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Code Story: Insights from Startup Tech Leaders - S11 E14: Avi Perez, Pyramid Analytics
Avi Perez has been in the data and analytics space for more than 25 years. He began his career in banking and finance in Australia, but quickly grew tired of crunching numbers for the big wigs, wanting to find a better way to calculate this information. Outside of tech, he enjoys a wide array of music, from classical to modern trance. He's a big science fiction nut, enjoying shows like Aliens and the Matrix, and cooks up some exquisite cuisine on occasion.
Within his prior startup, Avi and his co-founders built out a way to make intelligent decisions for their business using data. After they exited the business, they wanted to continue their data stint, but in particular, commercialize the analytics solution they built.
This is the creation story of Pyramid Analytics.
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Marketplace All-in-One - Who is fibbing about … the stock market?
Hi Million Bazillionaires. While we’re working on a brand-new season, we’ve got a special treat for you. Today, we’re sharing an episode from our friends over at “The Big Fib.” In this gameshow, a kid contestant will try to spot which adult expert is lying about … the stock market. What do you call the person who buys and sells stocks for a fee? How many stocks get sold in a day? Which stock is less risky to buy? Do you know the true answers to these questions? Play along and see if you can guess who is telling fibs and who’s telling the truth on “The Big Fib” gameshow. For more great shows for kids and families visit GZMshows.com.